My house is assessed at $115000. How much should it be insured for?
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Managing Editor
Laura Kuhl holds a Master’s Degree in Professional Writing from the University of North Carolina at Wilmington. Her career began in healthcare and wellness, creating lifestyle content for doctors, dentists, and other healthcare and holistic professionals. She curated news articles and insider interviews with investors and small business owners, leading to conversations with key players in the le...
Laura Kuhl
Sr. Director of Content
Sara Routhier, Senior Director of Content, has professional experience as an educator, SEO specialist, and content marketer. She has over 10 years of experience in the insurance industry. As a researcher, data nerd, writer, and editor, she strives to curate educational, enlightening articles that provide you with the must-know facts and best-kept secrets within the overwhelming world of insurance....
Sara Routhier
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Daniel Walker
Updated June 2025
Throw your assessment number out the window. It has absolutely nothing to do with the insurance coverage for the home. The insurance coverage is based on the replacement cost of your home. How much it will cost to totally replace the home if the home should incur a total loss. This is derived by inputting your homes features in a replacement cost estimation software that your agent or insurance company rep uses to come up with a replacement cost calculations for your home. By inputting your square footage, number of bedrooms, percentage of wood floors, ceramic tile, carpet, if the home is brick or frame, etc, etc. The result is a replacement cost minus the land (which your assessment takes into consideration). This will be the cost that should be use to insure your home to full value. If you need a replacement cost estimation done on your home and to get a homeowners’ insurance quote on your home, click here.
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